Economy

Kmart store to close in April

Kmart store to close in April

In June, the company announced plans to close 86 Sears and Kmart stores across the country. A Sears spokesman told the Associated Press on Thursday the number of workers affected was not available.

The stores will be closing between early March and early April, with liquidation sales beginning as early as January 12, Sears said.

The first stores will close in early March. The closures were announced last November.

The announcement said 103 stores would be closed as part of strategic planning.

The latest closures will leave just five Kmarts in West Virginia.

More news: Bessemer Group Inc. Acquires 90 Shares of Emerson Electric Company (EMR)

The store is one of 39 locations across the nation that the company, Sears Holdings, called unprofitable.

The Sears store in Times Square Mall in Mt. Vernon closed in 2015.

"Of course, our economic development crew, and Montgomery County Development Corporation will probably be in contact with Sears Holdings to see if there's anything we can do to change their minds".

Sears Holdings said it has been evaluating stores for their productivity.

The Kmart on Milton Road in Rochester is slated to close in early April. Macy's said it is closing 11 stores early this year, but none of them are in Pennsylvania. An Auto Zone store also will stay, but it's unknown what would happen to the Big Train restaurant that operates in a free-standing building, she said.


  • Jose Mourinho to stay at Manchester United

    Probed if he will consider signing a new deal before his current one expires in 2019, Mourinho added: "Yes, I see myself [here]". Argentine global Sergio Romero should replace David De Gea in the goal for the Red Devils.
    Iceland becomes first country to legalize equal pay between men and women

    Iceland becomes first country to legalize equal pay between men and women

    Bernie Sanders (I-VT) speaks during a rally against the Republican tax plan on December 13, 2017, in Washington, DC. A new law has just gone into effect in Iceland which makes it illegal to pay men more than women for the same job.
    Almost  mile-long crash on Thruway, blizzard warning persists

    Almost mile-long crash on Thruway, blizzard warning persists

    Eastbound Thruway traffic is backed up past the William Street exit, according to NITTEC . "All traffic must exit at 48A". There are reported injuries, at this time conditions are unknown, according to WRGZ.
  • Sears Holdings, Macy's announces store closures

    Sears Holdings, Macy's announces store closures

    Macy's operates more than 700 department stores under the Macy's and Bloomingdale's names, and approximately 160 specialty stores. The Macy's stores at the Eastwood Mall in Niles and Southern Park Mall in Boardman are not included on the list of closures.

    Were Analysts Bullish Mondelez International, Inc

    Chicago Partners Investment Group LLC grew its holdings in shares of Mondelez International by 2,056.3% during the second quarter. Mason Street Ltd Limited Liability Company has invested 0.21% of its portfolio in Mondelez International, Inc . (NASDAQ: MDLZ ).

    Neuberger Berman Group LLC Sells 14390 Shares of Apache Co

    Always volatility measures make charm for active trader; price volatility of stock was 1.88% for a week and 2.97% for a month. The consensus recommendation - averaging the work of 31 analysts - of 3 for Apache Corporation (APA ) points to moderate case.
  • Food Lion recalling buttermilk biscuits

    Food Lion recalling buttermilk biscuits

    Short-term symptoms may include high fever, stiffness, severe headache, nausea, abdominal pain, and diarrhea. No illnesses have yet been reported.
    Nokia 6 (2018) visits Geekbench confirming the previously leaked specs

    Nokia 6 (2018) visits Geekbench confirming the previously leaked specs

    The app also points to the possible release of the rumored Nokia 1 , Nokia 9 , Nokia 8 (2018), and Nokia 6 (2018 ). Now, a recent report from Chinese certification site TENNA has revealed the detailed specifications of the phone.
    Elon Musk will send his Tesla auto  to Mars on SpaceX rocket

    Elon Musk will send his Tesla auto to Mars on SpaceX rocket

    It's set to launch this Thursday atop a Falcon 9 rocket, which will eventually return to a different launchpad at the facility. So is United Launch Alliance, a venture between Lockheed Martin and Boeing, with its next-generation Vulcan.
  • MI  part of multi-state E.coli outbreak

    MI part of multi-state E.coli outbreak

    Anyone concerned that they might have an E. coli infection should talk to their health care provider, he said. Amid the investigation, Consumer Reports is warning people to be cautious of eating romaine lettuce .

    Anadarko Petroleum Corporation (APC), Noble Energy, Inc. (NBL) — Trending Stocks Analysis

    The fund owned 9,162 shares of the oil and gas development company's stock after buying an additional 68 shares during the period. The investor is now holding $11.66 million shares due in part to a decrease of 5.98 million new shares in their portfolio.

    Analyst Research and Ratings: MagneGas Corporation (MNGA), Patterson-UTI Energy, Inc. (PTEN)

    Hedge funds have recently added to or reduced their stakes in the stock. 103 funds opened positions while 331 raised stakes. The investor is now holding $5.38 million shares due in part to a decrease of 1.5 million new shares in their portfolio.